From India's crown a flavour worth a fortune

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Kashmir saffron's prices have risen to ₹3.25 lakh ($4387) per kg, five times the value of silver, after receiving the Geographical Indication (GI) tag, which verifies the spice's origin. The move has helped Kashmiri saffron compete with Iranian competition, with US, Canadian, and European buyers picking up saffron from Kashmir.

from Agriculture-Economy-News-Economic Times https://ift.tt/Buq6RwI

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